Business & Tech
India-Based Sahara Group in Talks to Buy Controlling Stake in Beverly Hilton
The negotiations reportedly involve purchasing a 55 percent stake in the hotel for $340M.

The India-based Sahara Group is in talks to pay $340 million for a 55 percent stake in the .
According to The Economic Times:
The Sahara Group, fresh after a string of acquisitions of marquee hotel properties in the UK and the US, is in talks with US-based Oasis West Realty to pick up a controlling stake in Beverly Hilton hotel...
The famed hotel is known for hosting , and the .
Find out what's happening in Beverly Hillsfor free with the latest updates from Patch.
To read the full report in The Economic Times, click here.
Be sure to follow Beverly Hills Patch on Twitterand "Like" us on Facebook.
Find out what's happening in Beverly Hillsfor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.